Residential Portfolio in DN32

Farebrother Street, Grimsby, Lincolnshire, DN32 0JR

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  • Annual income of £19,068
  • Portfolio of Properties
  • Fully Tenanted
  • Investment Opportunity
  • Close to Town Centre

Residential Portfolio in DN32

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction this remarkable Victorian property offers a unique investment opportunity of three rental units offering a current rental of £1589.00 with good established tenants.

This property offers a blend of historical charm and modern functionality. The main house has been divided into two spacious two bedroom dwellings each with its own reception room, kitchen and bathroom.

Nestled at the rear of the property, a beautifully extended old school coach house has been transformed into a cosy one bedroom residence with an open-plan living area.

This exceptional property offers versatile living arrangements and a touch of history making this an ideal investment. All three properties are tenanted with well established tenants.

Please note we have not inspected this property.


  • Property Type: Residential Portfolio
  • Tenure: Freehold
  • Parking: Allocated


The properties are well located along Farebrother Street approximately 1 mile from Grimsby Town Centre and the local amenities. Grimsby is a port town with a population of approximately 90,000, situated on the east coast of Lincolnshire.

Accommodation 138 Farebrother Street

Briefly comprising of entrance porch, hallway, WC, lounge - 4.60m into bay x 3.91m (15'1 into bay x 12'10), kitchen/diner - 3.96m x 4.04m (13' x 13'3), landing, bathroom - 2.87m x 1.60m (9'5 x 5'3), bedroom 1 - 3.94m x 3.30m (12'11 x 10'10), bedroom 2 - 3.33m x 3.89m (10'11 x 12'9). The property has a walled and fenced boundary and is concreted for ease of maintenance.

Accommodation 21A St. Augustine's Avenue

Briefly comprising of kitchen - 3.15m x 4.27m (10'4 x 14'), lounge - 5.33m x 3.15m (17'6 x 10'4), downstairs WC - 1.60m x 1.09m (5'3 x 3'7), bathroom - 2.18m x 2.44m (7'2 x 8') bedroom One - 3.68m x 3.15m (12'1 x 10'4) bedroom Two - 3.43m x 2.18m (11'3 x 7'2). Externally there is a low maintenance rear yard with parking for one vehicle.

Accommodation 21B St. Augustine's Avenue

Briefly comprising of lounge - 3.86m x 3.02m (12'08 x 9'11) kitchen - 3.89m x 2.57m (12'09 x 8'05) bathroom - 1.73m x 1.83m (5'08 x 6') & bedroom - 3.94m x 2.46m (12'11 x 8'01)


The property is being offered fully tenanted. Further details can be found in the legal pack.

Current income £1435.00pcm
ERV £1589.00pcm


Freehold. Title number HS90646

Council Tax

138, Farebrother Street - Band A
21a St. Augustine Avenue - Band A
21b, St. Augustine Avenue - Band A


138, Farebrother Street - Rating D
21a St. Augustine Avenue - Rating D
21b, St. Augustine Avenue - Rating D

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

This property is being sold subject to unconditional reservation fee auction terms and conditions.



Contracts will exchange immediately. There are 28 days in which to complete the purchase.


Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.



In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 


Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.


More Information

For more information call our auction experts on 0191 206 9335 or email


I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. 

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,001 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

More Information is available:

For more information call our auction experts on 0191 206 9335 or email


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